Welcome to the halkin blog.
Your source for weekly stories and advice on local business, the economy in general and what’s happening in Sydney this weekend.
Unlocking Success: The Perks of Being a Small Business Owner in Australia
In the vast landscape of entrepreneurship, the allure of being a small business owner shines brightly, particularly in the dynamic Australian market.
The land Down Under offers a plethora of advantages that make the journey of running a small business not only rewarding but also filled with promising opportunities. From an enviable lifestyle to the potential for global expansion, let's delve into the perks that await those who venture into the realm of Australian small business ownership.
Australian Workplace Updates – July/Aug 2023
halkin HR News
Topic: Australian Workplace Updates – July/Aug 2023. New workplace policies are out for July/August. We've created a PDF to give you a good overview of the updates regarding:
- Minimum Wage Policy
- Superannuation
- Parental Leave
- Sexual Harassment
- Workplace Shutdowns
- Work Visas
National Minimum Wage and Award Increases
The Fair Work Commission has handed down the 2022 Annual Wage Review decision, granting a 5.2% increase to the national minimum wage and a 4.6%, or a minimum of $40 per week, increase to modern award minimum wages.
In determining a proportional increase to modern awards, the Fair Work Commission determined that wages contained within modern awards that are above $869.60 per week will be increased by 4.6%, with rates below this figure to be adjusted by $40 per week.
This is the perfect time to consider what these increases will mean for you and your business. The increase this year is significant, so if you haven’t recently reviewed your employees’ rates and salaries to ensure they are still meeting the minimum requirements, now is the time.
